Posted on February 3, 2025
Despite maritime shipping bunkering slightly less marine fuel in Rotterdam, demand for LNG bunker fuel increased from 0.62 million m3 in 2023 to 0.94 million m3 in 2024.
Port of Rotterdam on Thursday (30 January) said the demand for LNG bunker fuel increased by 52% in 2024, totalling 0.94 million cubic metre (m3) compared to 2023, when 0.62 million m3 was bunkered.
“It was notable that the demand for LNG in 2024 rebounded to previous levels after a decline during the period of inflated gas prices,” it said on its website.
Last year, maritime shipping refuelled a total of 9.8 million metric tonnes (mt) of bunker fuel in Rotterdam, a moderate decrease from 9.9 million tonnes in 2023. In 2024 the demand for fuel oil, marine gas oil, and other fuels was 0.9 percent lower than in 2023.
Following the inaugural bunkering of bio-methanol in the port of Rotterdam in 2023, the demand for bio-methanol surged in 2024, reaching nearly 4,000 tonnes, an increase from 750 tonnes in 2023.
The port added the demand for bio-blended fuels in 2024 exhibited a clear dichotomy: a slight growth in the first half of the year, followed by a sharp decline in the second half.
“That was particularly evident in the demand for bio-blended VLSFO, the largest of the bio-blends. The increased availability of bio-blended fuels in Asia following the European Union’s imposition of anti-dumping duties on Chinese biofuel was the primary cause,” it said.
“Nonetheless, the demand for bio-blends remained unchanged from 2023 at 750,000 tonnes.”
Note: The full marine fuel sales in Port Rotterdam from 2021 to 2024 can be viewed here.
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